BYD’s growth stems from aggressive pricing, vertical integration, and dominance in China’s EV market. Its Blade Battery technology reduces costs and improves safety, while government subsidies and infrastructure investments in Asia …
BYD captured 25.1% of China’s power battery market in 2024 through vertical integration, aggressive R&D in blade-cell technology, and strategic partnerships with automakers. Its dominance stems from cost-efficient production, government support for EVs, and a diversified product portfolio spanning electric …
BYD’s Blade Battery, a lithium iron phosphate (LFP) design, offers superior thermal stability, energy density (150 Wh/kg), and a 1.2 million-mile lifespan. Its cell-to-pack (CTP) architecture reduces production costs by 30% and increases pack …
CATL secured 45.2% of China’s power battery market share in 2024 through technological innovation, strategic partnerships, and economies of scale. Its focus on lithium iron phosphate (LFP) batteries, vertical integration, and government-backed infrastructure investments solidified its leadership. CATL’s R&D spending …